Stolt Tankers Acquires Three Ships for European Regional Fleet

Stolt Tankers Acquires Three Ships for European Regional Fleet

ID: 402529

(Thomson Reuters ONE) -


LONDON, June 23, 2015 - Stolt-Nielsen Limited (Oslo Børs: SNI) announced today
that Stolt Tankers B.V. has agreed to acquire three 5,800 dwt fully stainless
steel parcel tankers from Odfjell Tankers AS.  The ships, which were built in
1997-1998 and are sister ships of three tankers currently operated by Stolt
Tankers, are expected to join the Stolt-Nielsen Inter-Europe Service by the end
of August 2015. Further terms of the transaction were not disclosed.

Commenting on the purchase, Hans P. Feringa, President of Stolt Tankers, said,
"We are pleased to have acquired these well priced, high quality assets, which
enhance the scale efficiency of our fleet of European regional parcel tankers.
 The ships are a perfect fit with our current fleet, the contract portfolio we
serve, and our goal of providing our customers with the quality, reliability and
service flexibility that their supply-chain needs demand."

The three ships are highly specialised, with 20 duplex stainless steel tanks,
ICE class 1A and fitted with nitrogen generators.  They are sister ships to
Stolt Tankers' R5 class, which consists of Stolt Razorbill, Stolt Kingfisher and
Stolt Pelican.

Contacts:

Jan Chr. Engelhardtsen
Chief Financial Officer
UK +44 (0) 20 7611 8972
j.engelhardtsen(at)stolt.com

Jens F. Grüner-Hegge
V.P. Corporate Finance
UK +44 (0) 20 7611 8985
j.gruner-hegge(at)stolt.com

About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of
integrated transportation solutions for bulk liquid chemicals, edible oils,
acids, and other specialty liquids through its three largest business divisions,
Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers.  Stolt Sea Farm
produces and markets high quality turbot, sole, sturgeon, and caviar.  Stolt-




Nielsen Gas develops opportunities in LPG and LNG shipping and distribution.
Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Stolt-Nielsen Limited via GlobeNewswire
[HUG#1930762]




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Bereitgestellt von Benutzer: hugin
Datum: 23.06.2015 - 16:45 Uhr
Sprache: Deutsch
News-ID 402529
Anzahl Zeichen: 2874

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